The vast majority of the population will not reach financial independence. I wish they would, but they are not going to make the choices necessary to reach FI. Because Financial Independence takes carefully planning, sacrifice and hard work. It does not happen overnight. Most people are not going to have the discipline to reach FIContinue reading “Step 1: Start on your path to FIRE: Decide that you are going to be financially independent”
Dividends give you fuel you need to replace you current income with investment income. The gains in your portfolio with come from capital gains and dividends paid to you. First, what is your income? That will determine how much you need. Right now COVID-19 is killing investment gains. But this is the perfect time toContinue reading “How much do I need to invest to replace my income?”
There are many days where I feel like I am not living up to my potential. A lot of times my life feels like ground hog day. Or living for the weekend. Wake up, go to work, repeat. My work is not especially hard. And I am great at what I do. I know softwareContinue reading “Are you living up to your financial potential?”
Increase your financial literacy and you will increase your wealth.
Anyone can become powerful. Money equals freedom and power.